Oil prices surged following the surprise attack by Hamas on Israel and Israel’s counterstrike over the weekend. After a knee-jerk reaction upon the open of trading around the world, prices have been well behaved and should abate as the shock of the attack, as deadly as it is, abates. It is ... READ MORE >
Anne Slattery
This week in energy: Summer brings the heat; clean energy investment on the rise
Summer heat has hit hard in many parts of the United States, making modern conveniences like electricity essential in our daily lives. In North America, nearly 400 million people depend on electricity each day. As demand increases, supply shortages become a challenge across the United States and beyond. A ... READ MORE >
What the surprise oil production cut by OPEC+ means
Oil markets are reeling after OPEC+ said in a surprise announcement on Sunday that it would cut up to 1.15 million barrels a day in its target production starting next month. The announcement comes on top of Russia’s intentions to reduce its own production by 500,000 barrels per day from ... READ MORE >